what is trading plan;

Assalam alaikum dear members umeed ha ap sb khairiat se hn gy or apki trading achi jaa rhi ho ge.dear members forex main trading k lye trading plan hona lazmi ha or aik trader ki success us k plan pr depend karti ha.
jitna acha apka plan ho ga utny achy results hn gy.
To aj ki post main hum dekhen gy k trading plan kia hota ha or esy kesy qabil e amal bnaya jay.
TRADING PLAN:
Dear members trading plan trading ka aisa treka hota ha js main bht sari chzn jesa k risk reward ratio , profit targets or capital amount mila k market main achi trade find krny main help karta ha.
Trader kb market main enter ho ga or kitna apni trade ko hold kary ga or kb market se exit ho ga ye sb trading plan ka hissa hota ha.
Or trader kon kon se pairs py trade kary ga or kitny size ki trades hn ge ye bhi trading plan main hi ata ha.
Trading plan aik trader ki research or experience py depend karta ha or esi or uski kamyabi depend karti ha.

jb tk ap k pas koe trading plan na ho tb tk forex market main enter na hn q k bina trading plan k zada tr loss hi hota ha.
Benefits of Trading Plan:
*reward over risk
Dear members trading plan aik zrorat ha js k bhht se faidy hain jesa k hmari risk reward ratio bhi plan ka hissa ha or km se km bhi hmari risk reward ratio 1:2 hoti ha jska mtlb ha agr 2 trades lose karty hain or 1 win karty hain tb bhi hm loss main n hoty.
agr hum bina trading plan k work karen or risk reward ratio follow na krn to shyd hmara loss zada ho or hm nakaam ho jaen
*save capital
or es main position size hm apny capital k hisab se open karty hain jo k aik zrori chz ha q k agr hm risk management ko follow nahi karen gy to aik hi trade py hum sara capital loose kar skty hain estra trading plan hmary capital ko mhfooz rakhta ha.
*avoid overtrading
trading plan main hum goals set karty hain k hum ny itni trades leni hain js main hmary loss or profit k targets hoty hain or traget achieve hony k bad hm mazeed trading ni karty es lye trading plan hamen overtrading se bachata ha.

Forex trading ka maqsad profit earn kerna hai jis mein tijarat kar ke mukhtalif currency pairs ki khareed-o-farokht ki jati hai. Is mein traders ko apni khud ki trading plan banana chahiye, jis mein woh apni trading strategy, risk management aur trade execution ke baare mein sochte hain. Ek behtar trading plan banana, forex trading mein kamyabi ke liye bohot zaruri hai. Forex trading ka matlab hota hai kisi bhi currency pair ki khareed-o-farokht. Traders, kisi bhi currency pair ko khareedte hain, ummeed ke saath ke us ki qeemat badhegi aur unhein faida hoga. Lekin is mein kafi risk hota hai, jis ki wajah se traders ko apni khud ki trading plan banana chahiye. Trading plan mein traders ko apni trading strategy, risk management aur trade execution ke baare mein sochna chahiye. Trading plan ka maqsad ye hota hai ke traders ko apne trades ko manage karne ke liye ek roadmap mil jaye. Is mein traders ko ye decide karna hota hai ke kis currency pair mein tijarat karna hai, kis waqt trade karna hai, aur kis waqt trade ko close karna hai. Trading plan banana, traders ko apni trading mein confidence aur discipline bhi deti hai. Trading plan ke components mein sab se pehla component trading strategy hota hai. Trading strategy ke baare mein sochna, traders ke liye bohot zaruri hai. Trading strategy ka matlab hota hai ke traders kis tarah se trading karenge. Kuch traders fundamental analysis se trading karte hain, toh kuch traders technical analysis se trading karte hain. Technical analysis mein traders charts, graphs aur indicators ka istemal karte hain, jab ke fundamental analysis mein traders economic indicators aur news events ka istemal karte hain. Is liye traders ko ye decide karna chahiye ke woh kis tarah se trading karna chahte hain. Risk management bhi trading plan ka bohot ahem component hai. Risk management ka matlab hota hai ke traders apni trades ko kitna risk le sakte hain. Agar traders apni trades ko sahi se manage nahi karte, toh unhein ziada nuqsaan ka samna karna par sakta hai. Risk management ke liye traders ko apni trading capital ka ek hissa nikal kar trading ke liye reserve rakhna chahiye, taki agar trade loss mein jaaye, toh unka pura trading capital khatam na ho jaye. Is ke saath hi traders ko apni trades ke liye stop loss aur take profit levels ka bhi tayyar hona chahiye, taki woh pata kar saken ke unhein kab trade ko close karna hai. Trade execution bhi trading plan ka ahem component hai. Trade execution ka matlab hota hai ke traders kis waqt trade karenge. Agar traders apni trades ko sahi se execute nahi karte, toh unhein loss ka samna karna par sakta hai. Trade execution ke liye traders ko pata hona chahiye ke kis waqt market mein liquidity ziada hoti hai aur kis waqt kam hoti hai, taki woh apni trades ko sahi waqt par execute kar sakein. Is ke saath hi traders ko ye bhi decide karna chahiye ke woh kis type ke orders ka istemal karenge, jaise market order ya pending order. Ek behtar trading plan banana, traders ko trading mein success ke liye bohot madad karta hai. Is ke saath hi traders ko apni trading plan ko regular intervals par update karna bhi zaruri hai, taki unhein pata chalta rahe ke unka trading plan abhi bhi unke liye sahi hai ya nahi.Ek behtar trading plan banana ke liye traders ko apni trading goals ko bhi decide karna chahiye. Trading goals ka matlab hota hai ke traders apne trading se kya hasil karna chahte hain. Kuch traders apni short-term goals ke liye trading karte hain, toh kuch traders apni long-term goals ke liye trading karte hain. Is liye traders ko apni trading goals ko tayyar karna chahiye, taki woh apni trading plan ko usi direction mein develop kar sakein. Traders ko market analysis par bhi bohot focus karna chahiye. Market analysis ka matlab hota hai ke traders market ki trend aur price action ko analyze karen, taki woh apni trades ko sahi waqt par execute kar sakein. Market analysis ke liye traders ko fundamental analysis aur technical analysis ka istemal karna chahiye, jis se unhein market ki trend aur price action ka pata chalta rahe.